Graham (NYSE:GHM) Rating Lowered to Sell at Wall Street Zen

Graham (NYSE:GHM) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other research analysts have also commented on GHM. Weiss Ratings raised Graham from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, October 25th. Zacks Research lowered Graham from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Noble Financial lowered shares of Graham from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Graham Stock Performance

NYSE:GHM opened at $62.37 on Friday. The firm has a 50-day simple moving average of $55.85 and a 200-day simple moving average of $49.14. Graham has a one year low of $24.78 and a one year high of $64.66. The firm has a market cap of $684.53 million, a P/E ratio of 49.50 and a beta of 0.97.

Graham (NYSE:GHM) last released its quarterly earnings data on Friday, November 7th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The business had revenue of $66.03 million for the quarter, compared to the consensus estimate of $57.55 million. Graham had a net margin of 6.43% and a return on equity of 12.83%. Graham has set its FY 2026 guidance at EPS. On average, research analysts predict that Graham will post 1.07 EPS for the current fiscal year.

Institutional Trading of Graham

Hedge funds have recently added to or reduced their stakes in the company. New York State Teachers Retirement System increased its stake in shares of Graham by 839.0% in the 1st quarter. New York State Teachers Retirement System now owns 939 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 839 shares during the last quarter. Bank of New York Mellon Corp increased its position in Graham by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company’s stock worth $797,000 after purchasing an additional 696 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Graham by 45.3% during the first quarter. Envestnet Asset Management Inc. now owns 12,528 shares of the industrial products company’s stock worth $361,000 after purchasing an additional 3,905 shares during the period. Diamond Hill Capital Management Inc. raised its stake in Graham by 12.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 202,714 shares of the industrial products company’s stock worth $5,842,000 after purchasing an additional 22,774 shares during the period. Finally, Prescott Group Capital Management L.L.C. boosted its holdings in Graham by 598.1% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 80,536 shares of the industrial products company’s stock valued at $2,321,000 after purchasing an additional 69,000 shares during the last quarter. 69.46% of the stock is owned by hedge funds and other institutional investors.

Graham Company Profile

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.